NRG Energy (NRG) unit NRG Yield (NYLD) is raising $430.65M after pricing its NYSE IPO of 19.575M...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG) unit NRG Yield (NYLD) is raising $430.65M after pricing its NYSE IPO of 19.575M shares at $22 each, above the proposed range of $19-21. There's also a greenshoe option of 2.94M shares. NYLD, which is set to debut today, was formed as the primary vehicle through which NRG Energy will own, operate and acquire contracted renewable and conventional generation and thermal infrastructure assets. (PR)